David Beckham’s $1 billion leg@l b@ttle has come to an end, will the money be returned as rumored?

On May 8, The Sun reported that DB Ventures, the company that manages David Beckham ‘s transactions , has launched two lawsuits in the US. 

The new legal battle targets counterfeiters who sell clothing, watches, perfume, sunglasses, video games, toys, soccer balls and sports equipment through marketplaces.

Electronics Amazon, eBay Etsy, Temu and Walmart.

There are a total of 492 defendants in the two lawsuits, mainly from Asia. 

DB Ventures with the support of brand management company Authentic Brands Group (USA) wants compensation of 2 million VND from each defendant.

“Authentic Brands wants to stamp out this problem and stop people from selling fake David products. 

They pride themselves on the quality of their products and people are being ripped off without even knowing it. They thought they got a bargain,” the source told The Sun.

According to court records obtained by The Sun , the sellers maliciously tricked people into thinking they were buying genuine items from the David Beckham brand.

David Beckham’s representative has not responded to information about the billion-dollar lawsuit. 

However, this is not the first time the former famous player has shown fierceness in the fight against counterfeit goods .

In April, the legal team representing Beckham won a £240 million (nearly $300 million) lawsuit in the same US court against dozens of counterfeiters. 

The judge in that case ordered a temporary detention and asset freeze against the defendants. 

With that, counterfeiters were asked to stop selling and confiscate any profits they had accumulated.

“Their sales activities pose a real threat to DB Ventures’ brand, while also affecting the sustainability of their business. It also adversely impacts individuals and organizations who unwittingly purchase them,” the lawsuit said.

Papers filed with the court also highlighted how poor sales eroded the brand’s reputation, causing the company to lose revenue and incur significant losses.

Follow us to see more useful information, as well as to give us more motivation to update more useful information for you.

Source: USA Today

Related Posts

Scarlett Johansson calls for a ‘hot’ co-host for Jenna Bush Hager

Scarlett Johansson Calls for a ‘Hot’ Co-Host for Jenna Bush Hager In a candid discussion that captured the attention of the media world, Scarlett Johansson has voiced…

Brad Pitt ‘happy’ and ‘thriving’ with girlfriend Ines de Ramon after divorcing Angelina Jolie (Source)

Brad Pitt ‘Happy’ and ‘Thriving’ with Girlfriend Ines de Ramon After Divorcing Angelina Jolie Brad Pitt, the iconic Hollywood actor, finds himself in a new phase of…

ABC News’ latest hire leaves insiders reeling after layoffs: ‘Nobody knows who she is!’

ABC News’ Latest Hire Leaves Insiders Reeling After Layoffs: ‘Nobody Knows Who She Is!’ ABC News has made waves with their latest appointment, leaving many insiders taken…

Scarlett Johansson reveals she has a strict rule to keep her daughter safe

Scarlett Johansson Reveals She Has a Strict Rule to Keep Her Daughter Safe Scarlett Johansson, the acclaimed actress known for her roles in films such as “Lost…

Scarlett Johansson speaks out on choosing a permanent co-host for Jenna Bush Hager

Scarlett Johansson Speaks Out on Choosing a Permanent Co-host for Jenna Bush Hager In the world of morning television, dynamic partnerships can significantly influence a show’s success….

Michael Strahan opens up about his daughter’s cancer battle

Michael Strahan Opens Up About His Daughter’s Cancer Battle Michael Strahan, the beloved former NFL player and television personality, has recently shared the deeply personal journey of…

error: Content is protected !!